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Insurance co’s stand to lose billions from disasters like the LA fires; Comulate raises $20M to build tech to help them work more smoothly

Unimaginable disasters like the fires in Los Angeles with their hundreds of billions of dollars in destruction put a huge focus on the role...

UAE to invest billions to build AI data center in France

A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of several expected financial initiatives...

Zuck shrugs off DeepSeek, vows to spend hundreds of billions on AI

U.S. markets panicked on Monday over speculation that DeepSeek’s AI models would crush demand for GPUs, with Nvidia’s stock dropping almost 20%. But Meta isn’t...

TikTok’s service providers still risk billions in penalties for bringing it back online

No matter what TikTok says in its laudatory pop-up messages, President-elect Donald Trump cannot simply declare an extension of the TikTok ban deadline and...

Masayoshi Son Bet Billions on the iPhone—3 Years Before It Existed

Ellison’s home was in fact more like a village, a compound of intricately fashioned wooden houses modeled after a Japanese emperor’s palace. The 23-acre...

Accel could raise billions for India, but it’s sticking to $650 million

Accel has maintained its India fund size at $650 million for its eighth vehicle, even as other venture firms in the region are racing...
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